Niti Aayog for setting up of agri tribunal, replacing MSP with crop auction at reserve price
Asserting that raising MSP can only be a partial solution to boost farmers' income, government think tank Niti Aayog Wednesday pitched for setting up an agricultural tribunal and auctioning of farm produce in mandis by fixing minimum reserve price.
The Niti Aayog should set up a group to examine "replacing the minimum support price (MSP) by a minimum reserve price (MRP), which could be the starting point for auctions at mandis", the document said. Image source: Reuters